Post by
garyreins on Mar 14, 2024 4:12pm
HR REIT
Very disappointing that I recylced a lot of capital in here from other reits thinking it was the safest/most stable play with something like 18% office right now, but being treated as an office reit nonetheless.
PMZ spin off has destroyed it, ironically, the big HR holders sold their PMZ holdings at the spin off which HR bought back, and boy has that backfired on them.
8.6x AFFO multiple is same given to DREAM OFFICE